Common use of Withdrawal of Collateral Clause in Contracts

Withdrawal of Collateral. Except as provided in Section 4.02, none of the Pledged Property shall be subject to withdrawal unless and until all Outstanding Securities have been paid in full or provision for such payment has been made in accordance with the terms of this Indenture and the Trustee shall have received the documents and opinions required by Section 4.02 or Article Twelve.

Appears in 4 contracts

Samples: Participation Agreement (Entergy Louisiana Inc), Participation Agreement (Louisiana Power & Light Co /La/), Participation Agreement (Entergy Louisiana Inc)

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Withdrawal of Collateral. Except as provided in Section 4.024.02 and Article Thirteen, none of the Pledged Property shall be subject to withdrawal unless and until all Outstanding Securities Bonds have been paid in full or provision for such payment has been made in accordance with the terms of this Indenture and the Trustee shall have received the documents and opinions required by Section 4.02 or Article TwelveThirteen.

Appears in 1 contract

Samples: Ownership Agreement (Oglethorpe Power Corp)

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